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FG To Recover Unremitted N450bn From MDAs

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In a desperate move to shore up government’s dwindling revenue, the Ministry of Finance, Budget and National Planning has begun moves to recover N450billion unremitted operating surpluses from Ministries Departments and Agencies (MDAs).
The issue has been a protracted one and the government says it would no longer tolerate excuses for non-remittance.
The government has also warned public office holders to stay away from flying first class tickets, just as it has activated its efficiency unit to prune down the bogus procurement spending of MDAs.
These were contained in its budget call circular to MDAs signed by the Finance Minister, Mrs Zainab Ahmed.
The circular also stated that President Muhammadu Buhari has banned the distribution of souvenirs at events, and will move some government offices to properties forfeited to the government by looters.
The minister warned MDAs on foreign travels, trainings and other concerns related to overhead expenditure, insisting that their travels, training and capacity development programmes must be restricted to locations within the country and as close to their office locations as possible.
“Foreign travels and training should be limited to exceptional cases, and with necessary approvals in accordance with extant government policy.
“More specifically, hosting of board meetings outside the country, payment of sitting allowances, the number of such meetings, etc., must comply with the provisions of the Circular and also be subjected to the reasonableness test,” she added.
MDAs were also warned to desist from the practice of specifying the models and brands of assets they propose to acquire in the budget.
“As much as possible, generic specification of items should be made in accordance with the Public Procurement Act. Here again, the BOF will intervene to effect necessary amendments.”
Details of the 2021 budget showed that the aggregate expenditure is made up of Statutory Transfers of N481.41billion, Debt Service of N3.124trillion, Sinking Fund of N220billion, Recurrent (non-debt) expenditure of N5.746trillion and Capital expenditure (exclusive of capital in Statutory Transfers) of N3.086trillion.
Of the capital expenditure, the budget call circular showed, MDAs Capital is N1.485trillion.
The Ministries of Works and Housing, Power, Transportation and Defence are to get the highest capital allocation in the 2021 Federal Government budget.
The Ministry of Works and Housing is to get the highest allocation of N272.06billion.
This is an increase of N6.2billion when compared to the N256.73billion which the sector got in the revised budget of 2020.
The Ministries of Power, Transportation, and Defence followed with the sums of N178.38billion, N120.04billion, and N120.04billion, respectively, as against N128billion, N109.34billion and N115.87billion which they got in the 2020 budget in that order.
Also, Education Ministry is to get N80.21billion as capital allocation in 2021 as against N115.87billion it this year; Water Resources N84.14billion as against N80.7billion; Agriculture N83.86billion compared to N102.49billion, Health N93.67billion as against N51.4billion.

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NIGERIA AT 65: FUBARA HARPS ON UNITY, PEACE

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The Governor of Rivers State, Sir Siminalayi Fubara, has begun the celebration of Nigeria’s 65th Independence anniversary with a Juma’at service where prayers were offered for the progress of the state and Nigeria.

Governor Fubara, who advocated for peace and unity of Nigeria during the prayers on Friday at the Rivers State Central Mosque, Port Harcourt, indicated that without peace, the accelerated development of Nigeria will remain in a limbo.

Governor Fubara, who was represented by Alhaji Abdurrazaq Diepriye, therefore urged citizens to remain patriotic.

According to him, “Allah has brought us this far. Without peace, we can not have progress and economic development. I call on all citizens irrespective of creed or tribe to remain patriotic.”

He thanked President Bola Tinubu for restoring peace in Rivers State while also using the forum to appreciate security agencies for their relentless effort in upholding the peace and unity of Rivers State and Nigeria.

 

The Chief Imam of Rivers State Central Mosque, Imam Ibrahim Yaloo, admonished Moslem faithful to always speak the truth, adding that those who obey Allah will be directed to good deeds and their sins forgiven.

 

Prayers were offered for Rivers State and Nigeria.

 

Other activities to mark the 65th Independence anniversary in the state include an Inter-denominational Church Thanksgiving Service on Sunday, 28th September and Parade Ceremony on Wednesday, 1st October.

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Shettima departs New York for Germany after UNGA engagement

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Vice-President Kashim Shettima departed New York on Sunday after representing President Bola Tinubu at the 80th session of the United Nations General Assembly.

In a statement released on Sunday by the VP media aide, Stanley Nkwocha, the Vice President is now headed to Germany, where he will hold strategic meetings with officials of Deutsche Bank.

The statement read, “Vice President Kashim Shettima has departed New York, United States, after successfully representing President Bola Ahmed Tinubu, GCFR, at the 80th Session of the United Nations General Assembly.

“During his participation at UNGA 80, VP Shettima secured UN Secretary-General António Guterres’ commendation for Nigeria’s bid for a permanent UN Security Council seat.

“He also showcased Nigeria’s $200 billion energy transition opportunity to global investors and strengthened strategic partnerships with the UK on trade, defence, and migration issues.”

Nkwocha added that the VP delivered Tinubu’s national statement, calling for UN reforms and a permanent seat for Nigeria at the UN Security Council, and “demanded Africa’s control over its $700 billion mineral wealth, and digital inclusion initiatives.”

“He also engaged with the Gates Foundation on healthcare and education expansion, positioning Nigeria as the natural hub for the African Continental Free Trade Area’s $3.4 trillion market.

“VP Shettima was seen off at John F. Kennedy International Airport, New York, by cabinet Ministers who were part of the UNGA 80 delegation and Nigerian Mission officials.”

The aide noted that Shettima will return to Nigeria immediately after his engagements in Germany.

The Tide source recalls that the VP departed Abuja, yesterday.

He led other Nigerian officials at the Assembly.

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FG holds special thanksgiving service ahead of 65th Independence Day

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As part of Nigeria’s 65th Independence anniversary celebration, the Federal Government held a special thanksgiving service on Sunday at the National Ecumenical Centre in Abuja to offer prayers and give thanks for the nation.

The event drew top government officials and security chiefs, including Senate President Godswill Akpabio and Secretary to the Government of the Federation, George Akume, as well as their spouses.

Other notable guests included Finance Minister and Coordinating Minister of the Economy Wale Edun, former Plateau State Governor, Senator Simon Lalong, and the Chief of Defence Staff, General Christopher Musa, who led the service chiefs in attendance.

Service chiefs present included the Chief of Naval Staff, Vice-Admiral Emmanuel Ogala, Inspector-General of Police Kayode Egbetokun, Comptroller-General of the Nigerian Immigration Service, Mrs Kemi Nandap and Controller-General of the Nigerian Correctional Service, Sylvester Nwakuche, among others.00

The service came days after the government unveiled the official theme and some of the activities slated for the 2025 Independence celebrations.

This year’s anniversary is tagged “Nigeria @ 65: All Hands on Deck for a Greater Nation,” as announced by the Director of Information and Public Relations at the Office of the Secretary to the Government of the Federation, Segun Imohiosen, in a statement on Wednesday.

“As part of activities to mark the 65th Independence Anniversary, the Juma’at Prayer and the Inter-Denominational Church Service will be held on Friday, 26th September at 1 pm and Sunday, 28th September at 10 am respectively, as well as the World Press Conference on Monday, 29th September at 10 am,” he said.

The Tide source had earlier reported that President Bola Tinubu, alongside former Heads of State, Yakubu Gowon, Olusegun Obasanjo and Goodluck Jonathan, is expected as a special guest at a national discourse convened by the Island Club, Lagos, to mark Nigeria’s 65th Independence Anniversary.

 

 

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